On the 4-hour frame, the correction has started. We were in an upward trend, now the price has confirmed the break of the upward trend $XRP . Leave your opinion in the comments.
The XRP currency with Fibonacci correction indicates that the price targets $6.29 in the monthly candle, it is now preparing to launch $XRP , and even a rising triangle pattern has formed for us.
The price of XRP will drop to the supply area for a retest and then rise again. The correction must be $XRP , but if you see the price rising without a retest, it means you are in a trap.
The Fibonacci correction says that the price is heading to 2.34 as shown in the picture, and it remains just an analysis, don't tell me what you're talking about $XRP #trading
I am in a trade, I will wait to see if the next candle on the 4-hour timeframe confirms that the price is still going down, then we will continue with the trade and handle one trade today $XRP #trading
If the price drops and breaks the area of resistance indicated by the arrow, it means it will drop to the supply area shown in blue. If the price bounces at the support area, it means it will reverse and go back up.